Money Market

CBN Restates Commitment to Economic Diversification

May 9, 2017/CBN The Governor, Central Bank Nigeria, Mr. Godwin Emefiele, has restated the commitment of the Bank towards leveraging agriculture as a pivot for the diversification of the economy. Mr. Emefiele stated this at the ground breaking ceremony of white refined sugar factory for Great Northern Agribusiness Limited on […]

Ecobank Digital Channels Makes Banking Cheaper, Faster and Accessible – Kie

May 8, 2017/Ecobank Nigeria Ecobank Nigeria limited restated that it has invested in state of the art mobile application that is fast and accessible and gives better transaction incentive to the users, thereby making their banking activities simpler, accessible and cheaper and at their fingertips . This is the bank’s […]

Naira to Appreciate Ahead of Heavy Injection of FX by CBN as FX availability excites manufacturers

Culled—Proshare May 8, 2017/CBN Strong indications emerged over the weekend that the Central Bank of Nigeria (CBN) is set to inject more foreign exchange through intervention segments of the market thereby heightening expectations that the Naira will appreciate significantly during the week. The expectations became rife following the inability of […]